TD Waterhouse Canada Inc. lifted its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 17.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 194,351 shares of the company’s stock after acquiring an additional 28,866 shares during the period. TD Waterhouse Canada Inc.’s holdings in KraneShares CSI China Internet ETF were worth $4,879,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in KraneShares CSI China Internet ETF by 32.1% during the 1st quarter. Bank of America Corp DE now owns 11,090,675 shares of the company’s stock valued at $315,308,000 after purchasing an additional 2,693,759 shares during the last quarter. Temasek Holdings Private Ltd raised its stake in shares of KraneShares CSI China Internet ETF by 98.5% in the fourth quarter. Temasek Holdings Private Ltd now owns 6,499,382 shares of the company’s stock worth $221,304,000 after purchasing an additional 3,225,790 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in shares of KraneShares CSI China Internet ETF by 6.1% in the fourth quarter. Rafferty Asset Management LLC now owns 4,302,191 shares of the company’s stock valued at $146,490,000 after purchasing an additional 247,264 shares in the last quarter. Krane Funds Advisors LLC lifted its holdings in shares of KraneShares CSI China Internet ETF by 19.6% in the fourth quarter. Krane Funds Advisors LLC now owns 3,856,700 shares of the company’s stock valued at $131,321,000 after purchasing an additional 631,799 shares in the last quarter. Finally, Quadrature Capital Ltd boosted its position in shares of KraneShares CSI China Internet ETF by 13.1% during the fourth quarter. Quadrature Capital Ltd now owns 2,688,631 shares of the company’s stock valued at $91,548,000 after buying an additional 311,213 shares during the last quarter.
KraneShares CSI China Internet ETF Price Performance
Shares of NYSEARCA:KWEB opened at $26.05 on Monday. The business’s 50 day moving average is $26.73 and its 200 day moving average is $27.92. KraneShares CSI China Internet ETF has a 12-month low of $23.23 and a 12-month high of $43.37. The stock has a market cap of $5.16 billion, a price-to-earnings ratio of 15.95 and a beta of 0.35.
KraneShares CSI China Internet ETF Company Profile
The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.
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